Tech Company Financing Transactions
Virgin Hyperloop One Funding Round
Virgin Hyperloop One, based in Los Angeles, secured $93.3 million in investment from 137 Ventures, 8VC and Caspian Venture Capital.
Transaction Overview
Company Name
Announced On
5/11/2016
Transaction Type
Venture Equity
Amount
$93,283,640
Round
Series B
Investors
Proceeds Purpose
Hyperloop One also announced it is participating in privately funded feasibility studies to examine the economic and social benefits of Hyperloop routes in Finland and Sweden.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
2159 Bay St.
Los Angeles, CO 90021
USA
Los Angeles, CO 90021
USA
Phone
Undisclosed
Website
Email Address
Overview
Virgin Hyperloop One builds incredible pieces of advanced machinery. We are inventing the technology of the future of transportation and to make sure we get it right we have developed unique testing capabilities.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 5/11/2016: SynGen venture capital transaction
Next: 5/11/2016: MegaBots venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC transactions reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs